ABU DHABI / WAM Following consultations and approval of President His Highness Sheikh Mohamed bin ...
Read More »Northern Drilling raises cash for new rig firm
Bloomberg Northern Drilling Ltd., a company set up by billionaire John Fredriksen to buy offshore drilling rigs on the cheap, raised 2.03 billion kroner ($250 million) in a private placement to expand its fleet. The company said it sold 31.8 million new shares at 64 kroner apiece, equal to the stock’s closing price on the Oslo Axess market a day ...
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